Embonor Seeks Local DCM Return

Chilean bottler Coca Cola Embonor is preparing a return to the domestic bond markets as it looks to raise UF4m ($175m) for investments and debt refinancing. It has registered lines for tenors of up to 10 and 30 years, with further details expected once timing is set. LarrainVial is lead. Chile’s market has remained open throughout the recent global difficulties, and more bond sales are on the horizon. Retailer Hites is eyeing an up to UF5m bond, while food products company Agrosuper wants to raise between UF1m-UF2m.